Median American wealth, because the median is less sensitive to outliers
The average net worth of an American is $121,760.
According to the Federal Reserve, the median net worth of Americans in 2019 was $121,760. This represents a $30,000 increase over 2010, however it remains lower than the median wealth recorded in 2007, 2004, and 2001, all prior to the 2008 recession.
In 2022, the average net worth of a 60-year-old in America will be around $200,000 per person. The typical net worth of an above-average 60-year-old who is particularly focused on his or her finances is closer to $2,000,000.
The average net worth of people aged 65 to 74 is $1,217,700 (with a median net worth of $266,400). Many people have retired at this stage, or have recently retired if they are at the beginning of the age bracket.
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